Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 WARWICK GROVE is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £287,500 in May 2022, which was around 5% below the average May 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 15 WARWICK GROVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the six 15 WARWICK GROVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2022 11 MAY | £287,500 | £303,147 | 5% below HPI |
2018 27 FEB | £190,000 | £257,745 | 26% below HPI |
2016 16 DEC | £200,000 | £250,607 | 20% below HPI |
2011 1 JUL | £190,000 | £238,561 | 20% below HPI |
2004 11 JUN | £174,950 | £198,258 | 12% below HPI |
1999 15 DEC | £90,950 | £100,431 | 9% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The six 15 WARWICK GROVE sales between December 1999 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
15 WARWICK GROVE is 101m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 15 WARWICK GROVE lies on this distribution: 36% of detached houses are smaller than 15 WARWICK GROVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bedlington.
15 WARWICK GROVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 15 WARWICK GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 WARWICK GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
15 WARWICK GROVE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 15 on WARWICK GROVE.